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The “CRIAQ Envol Start-Up” grants are aimed at Quebec start-ups active in the aerospace sector.
CRIAQ awards, on a competitive basis, two $10,000 grants to support the technological development of two start-ups, where financing helps tie product or service development more closely to potential users and customers.
Law firm Osler has joined the initiative by enhancing the contest. Winners will receive free access to the $5,000 Emerging Companies Package for new companies for a period of six months. Among other things, this program offers support meetings with company managers to help them implement (i) their intellectual property (IP) strategy; and (ii) the IP management system developed by Osler. The Law firm will also assist with general legal queries by telephone or email throughout the six month period.
Eligibility
The eligibility criteria are as follows:
- The company’s activities, or part of them, must be focused on the aerospace industry (products, services and solutions).
- The company must be incorporated in Quebec;
- The date of incorporation in Quebec must be between February 1, 2022, and May 17, 2024;
- The company must have 10 employees or less.
As of May 17, 2024, the company must :
- Participate in a program offered by a recognized incubator or accelerator in Quebec;
- Have participated in a similar program in Quebec;
- Or reside in such incubator or accelerator.
It is not necessary for a company to be a member of CRIAQ to apply for this grant. However, in order to benefit from it, the company must become a member (see Become a member). A company receiving this grant will be or become eligible for the Network – Start-up industry package.
Evaluation criteria
Proposals will be evaluated according to the following four (4) criteria:
- Product or service novelty;
- Technical feasibility;
- Business potential for the aerospace sector, and
- Team quality.
Application submission and additional information
The form must be completed and sent to CRIAQ no later than March 15, 2024, at 4:00 p.m. EST. Results will be announced at the end of March 2024. Winners must provide a team photo and company logo. By submitting this information, winners agree that CRIAQ may use it to share news and publicize its activities.
